There's no need to call for a postmortem on Intel because the roundly despised chipmaker isn't actually dead.
The Q4 earnings season continues to show that while growth is moderating and decelerating, it isn't falling off the cliff that many appeared to fear could be in store for us.
Shares of Advanced Micro Devices (NASDAQ: AMD) jumped on Wednesday after the chipmaker's financial results helped assuage investors' fears of a worsening tech downturn. Strength in the semiconductor-leader's data center and embedded divisions more than offset weakness in its client and gaming segments. AMD's data center revenue soared 42% to $1.7 billion, driven by the continued growth of the cloud computing market and strong sales of its highly regarded EPYC server processors.